Since Wii U failed, what should Nintendo have done to follow up the Wii's success?

[slab_of_bacon]

se7en7thre3 said:

I'm still shocked Nintendo went up against such a brick wall, far worse than Sony/MS with the casumobile market. I guess they were in denial about Wii's future as a brand and product overall. But now, Nintendo has no where to run, except back to its  foundation.   I wonder, when Iwata made this statement...

https://games.yahoo.com/blogs/plugged-in/nintendo-says-open-merger-acquisition-220715429.html

 In a talk with Japanese newspaper The Nikkei, Nintendo president Satoru Iwata says he's open to mergers and acquisitions, a dramatic philosophical change for the company.

"We should abandon old assumptions about our businesses," he said. "We are considering M&As as an option. For this reason, we'll step up share buybacks." 

...if he was talking about mergers with companies like Panasonic.  The potential is great with these two. Nintendo seems like the missing link in panasonic's portfolio, and (unlike Sony, for ex.) they would not interfere with Nintendo's ideaology very much. Panasonic would obviously take care of the HW and give Nintendo and its devs a "bigger canvas" to create their magic w/o worrying about costs.  We saw a glimpse with the Panasonic Q (gamecube DVD player), but now they'd have blu ray, TVs and other products. 

 

This was published over a year ago, but it was true.  Nintendo went on to buy a company or two if I'm not mistaken.  I doubt they would ever take on a supplementary role by merging with a larger company.